Rubrik (NYSE:RBRK) Insider Brian Mccarthy Sells 4,797 Shares

Rubrik, Inc. (NYSE:RBRK) insider Brian Mccarthy sold 4,797 shares of Rubrik stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $76.18, for a total value of $365,435.46. Following the completion of the sale, the insider directly owned 340,772 shares in the company, valued at $25,960,010.96. This represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Rubrik Trading Up 3.8%

RBRK stock traded up $2.76 during midday trading on Thursday, reaching $75.95. The stock had a trading volume of 5,040,852 shares, compared to its average volume of 4,090,807. Rubrik, Inc. has a 52-week low of $47.35 and a 52-week high of $103.00. The company has a market cap of $15.20 billion, a price-to-earnings ratio of -38.95 and a beta of 0.32. The company’s fifty day simple moving average is $75.45 and its 200 day simple moving average is $83.04.

Rubrik (NYSE:RBRK) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.26. The business had revenue of $350.17 million for the quarter, compared to analyst estimates of $320.19 million. During the same quarter in the previous year, the firm posted ($0.21) earnings per share. The business’s revenue was up 48.3% compared to the same quarter last year. Rubrik has set its FY 2026 guidance at -0.200–0.160 EPS and its Q4 2026 guidance at -0.120–0.100 EPS. Sell-side analysts predict that Rubrik, Inc. will post -7.66 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC increased its position in Rubrik by 60.2% during the 3rd quarter. FNY Investment Advisers LLC now owns 11,000 shares of the company’s stock worth $904,000 after purchasing an additional 4,134 shares during the period. Allworth Financial LP increased its holdings in shares of Rubrik by 152.4% in the 3rd quarter. Allworth Financial LP now owns 742 shares of the company’s stock valued at $61,000 after purchasing an additional 448 shares in the last quarter. IFP Advisors Inc boosted its holdings in Rubrik by 157.5% during the third quarter. IFP Advisors Inc now owns 6,877 shares of the company’s stock worth $566,000 after buying an additional 4,206 shares in the last quarter. Swiss Life Asset Management Ltd grew its position in Rubrik by 107.5% during the third quarter. Swiss Life Asset Management Ltd now owns 5,147 shares of the company’s stock worth $423,000 after buying an additional 2,666 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in Rubrik in the third quarter valued at about $347,000. 49.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

RBRK has been the topic of several analyst reports. Oppenheimer assumed coverage on shares of Rubrik in a report on Monday, November 17th. They issued a “market perform” rating on the stock. Citigroup reduced their price objective on shares of Rubrik from $117.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, December 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Rubrik in a report on Friday, December 5th. Roth Capital restated a “buy” rating on shares of Rubrik in a research note on Friday, December 5th. Finally, Berenberg Bank started coverage on Rubrik in a research report on Tuesday, November 18th. They set a “buy” rating and a $114.00 price objective for the company. Twenty research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $114.94.

About Rubrik

Rubrik, Inc provides data security solutions to individuals and businesses worldwide. The company offers enterprise data protection, unstructured data protection, cloud data protection, and SaaS data protection solutions; data threat analytics; data security posture; and cyber recovery solutions. It serves financial, retail, trade, transportation, energy, industrial, healthcare and life science, education, technology, media, communications, and public sectors.